Free Trial

Richer, TY Through Yesterdays High

US TSYS

As noted previously, Tsys have reversed the early cheapening.

  • A rally in ACGBs has extended, providing a second round of spill over bids for Tsys. There hasn't been a clear headline catalyst for the richening.
  • Cash Tsys have bull flattened, currently dealing 1.5-4.0bp richer across the major benchmarks.
  • TYH3 deals at 114-20+, +0-06+, having broken through yesterday's high, a touch off the top of its 0-10+ range.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.